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1038 45th Rd 0.37 Acres of Commercial Land in Long Island City, NY 11101
INVESTMENT HIGHLIGHTS
- PRIME RESIDENTIAL DEVELOPMENT SITE
- SHOVEL READY PARCEL, NO DEMOLITION NECESSARY
- HEART OF LONG ISLAND CITY, FASTEST GROWING NEIGHBORHOOD IN NYC
- ONELIC REZONING - 62,400 BSF (M1-2A / R6A)
- STEPS TO ANABLE BASIN WATER FRONT & MURRAY PARK / PLAYGROUND
- WALK TO 7, G, E, M SUBWAY LINES
EXECUTIVE SUMMARY
This site requires no demolition, streamlining the path to construction. It is ideally positioned steps from Murray Park and Playground, offering green space and recreational amenities that enhance residential appeal. The surrounding area is a vibrant mix of residential towers, creative office spaces, and retail corridors, supported by robust transit access including the Long Island Rail Road and multiple MTA subway lines.
Developers will appreciate the proximity to Anable Basin, Vernon Boulevard, and the LIC waterfront, which continues to attract investment and urban revitalization. With zoning flexibility and a prime location, this parcel is poised to contribute meaningfully to the evolving LIC skyline.
Developers will appreciate the proximity to Anable Basin, Vernon Boulevard, and the LIC waterfront, which continues to attract investment and urban revitalization. With zoning flexibility and a prime location, this parcel is poised to contribute meaningfully to the evolving LIC skyline.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.37 AC |
| Property Type | Land | ||
| Zoning | M1-4 - Commercial FAR: 2.0 (32,000 BSF) Community Facility FAR: 6.5 (104,000 BSF) | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.37 AC |
| Zoning | M1-4 - Commercial FAR: 2.0 (32,000 BSF) Community Facility FAR: 6.5 (104,000 BSF) |
1 LOT AVAILABLE
Lot
| Lot Size | 0.37 AC |
| Lot Size | 0.37 AC |
10-38 45th Road presents a rare shovel-ready development opportunity with 62,400 buildable square feet on a 16,000 SF parcel.
DESCRIPTION
With 160 feet of frontage just off Vernon Boulevard, the site benefits from exceptional visibility and access in one of NYC’s fastest-growing neighborhoods. The property falls within the OneLIC proposed rezoning area, with potential for M1-2A/R6A designation, allowing for a dynamic mix of residential, commercial, or hybrid development.
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 00049-0035 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,147,863 CAD | Total Assessment | $1,074,937 CAD |
PROPERTY TAXES
Parcel Number
00049-0035
Land Assessment
$1,147,863 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,074,937 CAD
CONTACTS
-
Ryan Maltz -
Matthew McMullen -
John Maltz -
Greiner-Maltz Company of New York, Inc.
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1038 45th Rd
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